MidWestOne: Q4 Earnings Snapshot

Published: 2025-01-23 16:41:10 ET MOFG

IOWA CITY, Iowa (AP) — IOWA CITY, Iowa (AP) — MidWestOne Financial Group Inc. (MOFG) on Thursday reported net income of $16.3 million in its fourth quarter.

The Iowa City, Iowa-based bank said it had earnings of 78 cents per share. Earnings, adjusted for non-recurring gains, came to 77 cents per share.

The holding company for MidWestOne Bank posted revenue of $89.1 million in the period. Its revenue net of interest expense was $59.8 million, exceeding Street forecasts.

For the year, the company reported profit of $60.3 million, or $3.54 per share. Revenue was reported as $69.3 million.

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